Clickbank Making Money Secrets Part 2

admin, Thursday, December 18th, 2008 at 7:40 pm

Posted in Clickbank Money Making Secrets, Internet Making Money Secrets

<< Clickbank Making Money Secrets 1

“Are there any secrets you should know before you join Clickbank?”

“Are you making money for yourself or for Clickbank?”

Here is what you should look for before you join the Clickbank affiliate program.

Clickbank has their policy…

It means you need to avoid these things to take money home.

This is one of the “secrets” most “gurus” that encourage you to signup with Clickbank will NEVER tell you about. You need to meet this criteria to get your first check:  

  • You need to have sales made with 5 or more different credit card numbers.
  •  And These sales need to be made with two different payment methods (either Visa, MasterCard, or PayPal). Note: PayPal purchases do not count toward the minimum 5 different credit card numbers.”

You see what I mean here.

The other public “secret” is your product will need one sale every 30 days to stay in the marketplace. Clickbank is not a “set it and forget it” place. If your product doesn’t convert, it will be off the market place in a month.

There’s one  money losing “secret” you really have to know it is “Dormant Accounts”.

They consider your account with a positive balance but with no sales for a period of time as dormant. You will pay an extra service charge each pay period.  

I really don’t like this one. If you have money in there and you are “inactive” for a while, your money will disappear little by little.

They are not a real bank. They are “click”bank. You don’t get interest but get charged for leaving money in there if you are inactive : (

And of course, you’ll never get interest from them!

There are just three rules I hate the most above. They are “hidden” in their site. You need to dig to find out!

When I just started I really hated some of their policies. But, now I understand and appreciate it. Their policy protect consumers, publishers and affiliates.

Consumers get support both from them (billing) and the publisher. If customers can not get the support from the publishers, they can turn to Clickbank. And Clickbank will give the publishers a push. 

Since the 5 credit cards limits, the startup affiliates are less likely to purchase from their own affiliate links. They can not get paid anyway. This protects the real working hard publishers and affiliates from being stolen their commissions.  

And… Ok, I admit, they do pay on time.

Over all, if you are serious about affiliate marketing or you are serious about selling your product online, Clickbank is a fast and easy place to start. You can sign up and start to promote products right away.

If you are just trying it out, good, Clickbank is a place you should not skip. No cost to start! But, if you make sales and you want to be “dormant” for a while, don’t forget to take your money out.

And please do yourself a big favor, read through their policy and FAQs before you join. In fact, you should read the TOS (terms of service) for any site you consider joining online.

People are making money through Clickbank. How do I know? During their ten years of business, the pay out is over $1 billion. Yes, 1,000,000,000 dollars.

With this figure, you believe now people are really making money through Clickbank. But why did some fail, and some succeeded?

We’ll discuss it more later…

 

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Clickbank Making Money Secrets 1

admin, Sunday, December 14th, 2008 at 8:42 pm

Posted in Clickbank Money Making Secrets, Internet Making Money Secrets

Make money for yourself or for Clickbank?

“Are there any secrets you should know before you join Clickbank?”

ClickBank has expanded to include more then 10,000 product publishers with over 100,000 registered affiliates During the past ten years. They have been around since 1998.

In case you don’t know, Clickbank is well known as an online digital products (and  now a subscription) retail outlet.

Every day, orders of over 20,000 transactions from as many as 200 countries are completed around the world. It makes ClickBank.com one of the most highly recognized sites online.

How did they achieve this kind of flexibility and simplicity?

The registered seller (a setup fee applies) can set the retail price and the commission percentage from 1% to 75%. The registered affiliate (free to join) selects a product from Clickbank’s marketplace and  they get a special “hop” link to promote it.

When you register, you choose a “nickname” for your account. You can sell your products or promote others all by this “nickname”.

What Clickbank does is purchasing publisher’s digital products and selling them through their affiliates. Simply said, at the time of purchase, Clickbank purchases the product from the seller at a wholesale price (92.5% of retail price, less $1).

The buyer pays Clickbank the retail price. Clickbank keeps 7.5% + $1. Then, Clickbank splits the remainder between the seller and the affiliate according to the percentage the seller set.

This way, Clickbank has total control over the sales.

From the consumer’s point of view, it’s fantastic to purchase anything through Clickbank or I should say from Clickbank. There will be no problem getting a refund from them. Customer’s support is superb!

But, from a seller (publishers) or affiliates’ view, there are some policies and regulations you HAVE to follow to get paid.

So, do I mean don’t sell through Clickbank?

No, let me put it this way. Clickbank is not for sniffers. If you want to make money from Clickbank, you need to be serious. If you just want to buy something through your own affiliate links to pocket some commission yourself, it probably won’t work…

The thing is if you do not comply with the rules, you will not be able to get your first pay check even you make some sales. The secret here is “Do not try it and then quit easily!”

If you do want to make money through Clickbank, you need to be smart and decisive.

Do not quit after having 3 or 4 sales. Quit when you have not made any sales yet. Do not quit when you have some money in there. Quit when you don’t have any money in there.

And do not be “inactive” if you have a balance (some money) with them. Be active until you take all your money out!

Be smart. Otherwise, you will  wind up making money “totally” for Clickbank and not yourself!

Hey, some people may say it’s just a small amount. For me, a penny is a penny!

I will explain more later…

Clickbank Making Money Secrets Part 2 >>

 

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